Featured News
-
Wisconsin’s estimated unemployment rate ticks up
Monthly estimates from the Wisconsin Department of Workforce Development showed that the state’s seasonally adjusted unemployment rate increased slightly to 3.3% over last month.
-
Survey: CFOs most likely to spend on organic growth in 2025
A recent survey by Gartner Inc. found that 87% of CFOs are likely, or very likely, to spend on organic growth in 2025.
-
AICPA tells Congress to strike contingent fee provision in tax bill
In a letter to congressional committee leaders, the AICPA said Congress should strike language from the tax bill that bars Treasury from regulating contingent fees.
-
House passes budget reconciliation bill with changes to tax provisions
The House of Representatives approved an amended version of the budget reconciliation bill on Thursday, May 22, sending it to the Senate for consideration.
-
Survey: Majority of professionals report using AI at work
A new survey found that most professionals (72%) are using some form of artificial intelligence (AI) at work.
-
WICPA expresses concern over proposed changes to PTET SALT deduction
The WICPA is expressing strong concerns over the proposed discontinuation of the state and local tax (SALT) pass-through entity tax deduction used by specified service trades and businesses.
-
AICPA rallies against tax deduction changes
The AICPA is asking accountants to reach out to their congressional representatives and protest the proposed elimination of the ability of pass-through entities to deduct state and local taxes.
-
FASB updates guidance on share-based consideration
FASB recently published an Accounting Standards Update (ASU) that provides guidance for share-based consideration payable to a customer in conjunction with selling goods or services.
-
Survey: Accounting seen as gateway for entrepreneurial ambitions, skills
A recent global talent survey found that over half of North American accounting and finance professionals aspire to become entrepreneurs.
-
PCAOB shares insights from chats with audit committee chairs
The PCAOB recently highlighted the results of conversations that board staff had with audit committee chairs of U.S. public companies and broker-dealers last year.